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PancakeSwap Hits Record $772 Billion Trading Volume in a Single Quarter, Setting New All-Time High PancakeSwap has smashed its previous records, reporting an incredible $772 billion in trading volume for the latest quarter, marking another all-time high (ATH) for the leading decentralized exchange (DEX) on BNB Chain. This surge reflects a 42% increase quarter-over-quarter and is driven by PancakeSwap’s expanding multi-chain capabilities, user growth exceeding 11.8 million, and recent feature launches like PancakeSwap Infinity and cross-chain swaps. The platform continues to dominate DeFi trading by providing low fees, high throughput, and innovative liquidity pool options, reigniting its momentum in 2025. #PancakeSwap #TradingVolume #ATH $CAKE
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Ethereum Holesky Testnet Successfully Forked on Nethermind Client, Next Step: Sepolia The Ethereum Holesky testnet has successfully completed its fork using the Nethermind client, marking a key milestone for the upcoming Fusaka upgrade. The network is running smoothly, thanks to the efforts of developers, client teams, researchers, and the wider Ethereum community. This successful fork provides critical validation as Ethereum prepares for additional testnet forks on Sepolia scheduled for October 14 and Hoodi later in the month. Holesky, launched in 2023, has been an essential proving ground for major upgrades but is slated for shutdown shortly after Fusaka’s planned mainnet launch in early December 2025. The Fusaka upgrade aims to enhance scalability, reduce costs, and improve Layer 2 rollup efficiency on Ethereum. #Testnet #Fusaka #Nethermind #BlockchainUpgrade $ETH
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US Biggest Exchange Surpasses $1 Billion in Bitcoin-Backed Loan Originations Powered by Morpho The largest cryptocurrency exchange in the United States has achieved a milestone of over $1 billion in Bitcoin-backed loan originations facilitated through the Morpho protocol. Morpho enhances decentralized lending by optimizing peer-to-peer matches and increasing capital efficiency between borrowers and lenders. This significant volume underscores the growing adoption of DeFi lending solutions integrated within centralized exchange ecosystems, providing users with seamless access to Bitcoin-collateralized loans while maintaining security and liquidity advantages. #BitcoinLoans #Morpho #CryptoLending $BTC $MORPHO
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Tether to Launch USAT Stablecoin on Rumble’s Video Platform, Targeting US Market Expansion Tether announced plans to launch a new stablecoin called USAT in partnership with Rumble, a video platform often viewed as a conservative YouTube rival with 51 million monthly active users. The new token, designed specifically for US users, complies with federal regulations under the GENIUS Act. Rumble will integrate a crypto wallet supporting USAT and other stablecoins, aiming to convert its large user base into stablecoin adopters. Tether owns 48% of Rumble, having invested $775 million in 2024, underscoring the strategic importance of this collaboration for expanding stablecoin adoption in the US market. #Tether #USAT #Stablecoin #Rumble $USDT
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